The Downside of Downsizing

Foolish-sad-face

All of the prior posts in the series “Retire – Downsize – …” have been about the positive lifestyle one can anticipate in retirement. Activities covered so far include golf, reflect/solitude, teach, learn, volunteer, play music, work, paint/draw, go South, read and travel. Although most downsizing projects are very busy and intense, they come off smoothly with a few bumps along the way. However, the downsizing process can also be risky. Here’s why.

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Retire – Downsize – Work!

Coffee and work

Aren’t you supposed to stop working when you retire? Nope. Times have changed. More people who are no longer in their full-time job are now working after “retirement”. The reason for this varies. They are still working by necessity, by choice or by invitation. Here’s what I see when surveying the retirement landscape.

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Downsizing Stories – Go South | Health | Debt

Palm trees, blue sky, white clouds

Stories of others who have downsized can be very helpful when you are in a similar situation. Here are three, video stories of couples who downsized for three different reasons:
* to retire and “go South”
* to respond to a health change
* to get out of debt.

How did it work out for them?

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